In 2004 the SEC began requiring mutual funds to include the dollar amount of fund fees in shareholders' reports. Before that, funds reported returns net of fees and didn’t disclose fees separately. This natural experiment allows me to study the impact of separate reporting of fees on the level...

We studied various fund investing options in the circular economy sector. We found that most circular economy mutual funds and exchange-traded funds charge higher fees and take higher risks than their benchmarks. However, they appear to have underperformed their benchmarks during their short...

Purpose The purpose of this paper is to investigate if there is any impact of reporting delays on profitability of front-running strategies against the mutual funds. Design/methodology/approach The author studies if freshness of mutual fund holding information from public disclosures affects...